With 1 ETF traded in the U.S. markets, DB Global Short Maturity High Yield Bond Index ETF gathers total assets under management of $179.03M. The average expense ratio is 0.35%. DB Global Short Maturity High Yield Bond Index ETF can be found in the following asset class:
Exchange-traded funds are available for investors worried about increased rates.
You might be holding a smart-beta bond ETF and not even know it.
Invesco PowerShares launched a high-yield bond fund in late June that targets short-term global debt.
The PowerShares Global Short Term High Yield Bond Portfolio (NYSE Arca: PGHY) tracks the DB Global Short Maturity High Yield Bond Index, which covers dollar-denominated issues with less than three years to maturity and ratings between C and BB+.